AppLovin Corporation $APP Stock Position Boosted by Ethic Inc.

Key Points

• Ethic Inc. increased its AppLovin stake by 41.2% in the third quarter, adding 7,906 shares to hold 27,083 shares valued at about $7.9 million. Institutional investors own 41.85% of the stock.
• AppLovin reported quarterly EPS of $4.30 and revenue of $2.18 billion, beating analyst estimates; revenue rose 55.5% year over year.
• Analyst ratings remain broadly positive, with a consensus “Moderate Buy” rating and a $497.93 price target, despite several firms cutting their targets.

Ethic Inc. boosted its position in shares of AppLovin Corporation (NASDAQ:APP - Free Report) by 41.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 27,083 shares of the company's stock after purchasing an additional 7,906 shares during the quarter. Ethic Inc.'s holdings in AppLovin were worth $7,866,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of APP. Cassaday & Co Wealth Management LLC bought a new position in shares of AppLovin in the first quarter worth approximately $25,000. Rachor Investment Advisory Services LLC bought a new position in AppLovin in the 3rd quarter valued at approximately $25,000. Pioneer Family Office LLC bought a new position in AppLovin in the 2nd quarter valued at approximately $31,000. IMA Advisory Services Inc. boosted its stake in AppLovin by 40.0% during the 1st quarter. IMA Advisory Services Inc. now owns 84 shares of the company's stock valued at $33,000 after purchasing an additional 24 shares during the last quarter. Finally, OFI Invest Asset Management boosted its stake in AppLovin by 16.3% during the 2nd quarter. OFI Invest Asset Management now owns 68,739 shares of the company's stock valued at $35,000 after purchasing an additional 9,615 shares during the last quarter. 41.85% of the stock is currently owned by institutional investors.

AppLovin Stock Performance

Shares of APP stock opened at $391.22 on Monday. AppLovin Corporation has a 12-month low of $225.19 and a 12-month high of $738.01. The company has a current ratio of 3.80, a quick ratio of 3.80 and a debt-to-equity ratio of 1.07. The firm's 50 day moving average is $293.36 and its 200 day moving average is $409.91. The stock has a market capitalization of $130.92 billion, a P/E ratio of 26.33, a P/E/G ratio of 0.81 and a beta of 2.51.

AppLovin (NASDAQ:APP - Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported $4.30 earnings per share for the quarter, beating analysts' consensus estimates of $4.03 by $0.27. The business had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.07 billion. AppLovin had a net margin of 65.89% and a return on equity of 182.97%. The company's quarterly revenue was up 55.5% compared to the same quarter last year. During the same period in the previous year, the business earned $2.45 EPS. Research analysts expect that AppLovin Corporation will post 16.18 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on APP shares. Bank of America lowered AppLovin from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $430.00 to $400.00 in a report on Tuesday, August 11th. HSBC lowered their price target on AppLovin from $450.00 to $409.00 and set a "buy" rating on the stock in a report on Monday, October 5th. Daiwa Securities Group dropped their price objective on AppLovin from $569.00 to $345.00 and set an "outperform" rating on the stock in a research report on Wednesday, August 19th. UBS Group dropped their price objective on AppLovin from $790.00 to $414.00 and set a "buy" rating on the stock in a research report on Wednesday, October 28th. Finally, Morgan Stanley reduced their price objective on AppLovin from $450.00 to $400.00 and set an "overweight" rating for the company in a report on Tuesday, October 13th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $497.93.

More AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin reported Q3 revenue of $2.18 billion, up 55.5% year over year, and EPS of $4.30, beating analyst estimates. Net income rose 72% to $1.44 billion, with a net margin near 66%. AppLovin Q3 results
• Positive Sentiment: Q4 revenue guidance of $2.365 billion–$2.395 billion came in above expectations, supporting hopes that growth from AppLovin’s AI-powered advertising models can continue as their rollout expands. CEO Adam Foroughi also said the business could grow roughly 30% annually over the long term. CEO comments on long-term growth
• Positive Sentiment: The company expanded its share repurchase authorization to $3.6 billion, while strong cash generation gives it capacity to return capital to shareholders. Cash generation and buyback
• Neutral Sentiment: Analyst views are mixed: RBC and Oppenheimer raised their targets to $520 and reiterated positive ratings, while Wells Fargo’s raised $347 target remains below the shares’ recent trading level and carries an equal-weight rating. Analyst target changes
• Negative Sentiment: Multiple law firms publicized a pending securities class action covering investors who bought shares from February 12 through August 5, 2026. The suit alleges misleading statements about AI-model readiness and adoption of self-service ad tools; the allegations are not established findings, but the litigation could create uncertainty. The lead-plaintiff deadline is November 16. Class-action notice

AppLovin Company Profile

AppLovin is a technology company that provides software to help mobile app developers and advertisers grow their businesses. Its platform connects advertisers seeking users with app publishers looking to monetize their audiences, using data and machine-learning tools to support advertising and user acquisition.

The company's products include AXON, its advertising optimization engine; AppDiscovery, which helps advertisers find and acquire users; and MAX, a platform for managing in-app advertising.

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